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Jan 18, 2013
01/13
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go buy the boeing back. but if it isn't going to fall on this horrendous parade of bad news, what in the heck is going to bring this down? what kind of superpowerful bull market is this? and how can you afford to stay short, when the next thing isn't about another fire or grounding but about a fix for the detective lithium-ion battery. think about it. puzzle through it. the plane is grounded for heaven's sake. there will be no bad pictures, no more smoking planes, no more people sliding down chutes because the darn plane is now out of service. out of service planes do not catch fire and do not have chutes that let people slide down to escape with their lives. no. the next thing you hear from boeing, they have a new battery source and ready to retro fit, bring it on, ready to fly. and thanks to the strength of the global economy no, airline can afford to cancel an order with boeing. jumbo rival airbus sold out for years. and you can't get back in the queue with boeing if you cancel. you will be stuck with old
go buy the boeing back. but if it isn't going to fall on this horrendous parade of bad news, what in the heck is going to bring this down? what kind of superpowerful bull market is this? and how can you afford to stay short, when the next thing isn't about another fire or grounding but about a fix for the detective lithium-ion battery. think about it. puzzle through it. the plane is grounded for heaven's sake. there will be no bad pictures, no more smoking planes, no more people sliding down...
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Jan 18, 2013
01/13
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boeing has now suspended deliveries of the aircraft to customers. this has been a huge blow to the big seattle manufacturer, because of what the 787 means in their fight for market share with airbus of europe. boeing has nearly 800 orders for new dreamliners in these coming few years. >>> in washington tonight, with our latest polling showing the gop at its lowest approval rating in years, there are indications the party is trying to avoid being seen as obstructionist in this coming fight over the debt ceiling. in a big shift today, house republicans said they will vote to lift the limit for three months, but on the condition that the senate passes a budget. wall street liked this idea. the dow finished up almost 54 points to hit its highest closing level since december 10th of '07. nasdaq finished with a small loss. s&p 500 was up 5 points. also at five-year highs. >>> in washington tonight, it's starting to feel like a city that's about to host an inauguration. for the 57th time in the history of our republic, and host hundreds of thousands of peo
boeing has now suspended deliveries of the aircraft to customers. this has been a huge blow to the big seattle manufacturer, because of what the 787 means in their fight for market share with airbus of europe. boeing has nearly 800 orders for new dreamliners in these coming few years. >>> in washington tonight, with our latest polling showing the gop at its lowest approval rating in years, there are indications the party is trying to avoid being seen as obstructionist in this coming...
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Jan 10, 2013
01/13
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WBAL
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now, maybe neither boeing nor united technology is your thing. don't forget dave cote's honeywell, which makes smart cockpits. my reservation, the stock has been a rocket ship. and i feel like without a real pullback you will have top ticked this screaming monster. my second theme tonight, yeah, i'm going all in with china. we learned that china's turning on the jets here. claus, who has been to china many times, knows his markets and political science, has told us china was way too restrictive in the monetary policy, that somehow the communist party got caught up on worrying about inflation, not worrying about growth. come on, mao, be like mao for heaven's sake. i think they're still going with the techs, though. that's over. klaus is confident that when the government unveils the plan for growth in february, they're going to dazzle, from a disappointing 8% to a stunning 11%. there's plenty to like if china gets hot in here, and taking off all its clothes, that's ray lewis. you can buy joy global. the chinese are addicted to coal and we know ele
now, maybe neither boeing nor united technology is your thing. don't forget dave cote's honeywell, which makes smart cockpits. my reservation, the stock has been a rocket ship. and i feel like without a real pullback you will have top ticked this screaming monster. my second theme tonight, yeah, i'm going all in with china. we learned that china's turning on the jets here. claus, who has been to china many times, knows his markets and political science, has told us china was way too restrictive...
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Jan 10, 2013
01/13
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boeing is playing down a string of mishaps saying it has extreme confidence in its new dreamliner 787. >>> paerngtly starbucks cups are a hit. a new survey finds 1 in 4 people have purchased one. >> folks in georgia have camped outside a chick-fil-a for the chance for one free sandwich a year. overseas bargain hunters scrambled. meanwhile, shoppers in paris stripped down for a free outfit offered to customers in their undies. >>> at an end to an era to the monopoly tokens. they ask you to choose one. the iron or the thimble are the ones on their way out. >>> finally, craft beer for dogs? well, almost. an oregon has brewed up an organic nonalcoholic drink he calls dog frog. a sing is 36 bucks. who wants to spend 36 bucks on a dog. >>> billionaire mark cuban slapped by the nba. the lion dog and jimmy beats days. >>> plus, a tough day for new yorkers. we'll have the latest on what caused this commuter ferry accident and also this crane collapse. >>> and we have a lot of rain right now streaming right through louisiana, where is it headed? all of your forecast, you're watching "early toda
boeing is playing down a string of mishaps saying it has extreme confidence in its new dreamliner 787. >>> paerngtly starbucks cups are a hit. a new survey finds 1 in 4 people have purchased one. >> folks in georgia have camped outside a chick-fil-a for the chance for one free sandwich a year. overseas bargain hunters scrambled. meanwhile, shoppers in paris stripped down for a free outfit offered to customers in their undies. >>> at an end to an era to the monopoly...
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Jan 30, 2013
01/13
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WBAL
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. >>> and the boeing batteries before the fleet was grounded the 787s. officials at nippon said they had to relays ten batteries in their planes. no flights were canceled. >>> a u.s. judge in new orleans has accepted a 403 billion agreement for the disaster. >>> how about a beer wash down your twinkie the owners of apollo global are reportedly close to a $400 million deal. for hostess and other cakes. >>> congratulations to manchester united, a $3 billion valuation. the highest of any team in the world. the dallas cowboys are a distant second. >>> and here's a solution for an air problem. canned air, in china, reportedly selling fresh air in cans for $15 a pop. >>> straight ahead, media day for the ravens and 49ers, had a few surprises including randy moss' pick for the greatest wide receiver ever. >>> plus, a courtroom guest leaves fast. another reason smoking could be deadly and getting ready to feed the troops on super sunday. >>> a power storm and also a winter storm. look at the wind over iowa. details coming up. you're watching "early today." >>> w
. >>> and the boeing batteries before the fleet was grounded the 787s. officials at nippon said they had to relays ten batteries in their planes. no flights were canceled. >>> a u.s. judge in new orleans has accepted a 403 billion agreement for the disaster. >>> how about a beer wash down your twinkie the owners of apollo global are reportedly close to a $400 million deal. for hostess and other cakes. >>> congratulations to manchester united, a $3 billion...
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Jan 3, 2013
01/13
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WBAL
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mulally saved boeing and now has saved ford. thanks to mulally, ford was the only one of the big three that didn't need to file for bankruptcy protection. they didn't take a penny of government bailout money. i think he streamlined the company a little late, but he's been improving the corporate culture and the balance sheet is so much better. in 2006, ford borrowed $23.5 billion to save the company. they had to pledge a ton of assets as collateral, including their logo. here you go, take my logo, please. they had to do that as the end of september, they had paid its loan down to $14 million. terrific sign of how effective mulally has been in fixing the company. this is a classic better balance sheet story. the less debt ford has, the less interest the company has to pay and the higher its earnings. it is amazing to me when i worked at goldman sachs years ago, ford paper was aaa, it was like treasuries, it can happen again. i can tell you mulally is not as young as he used to be, but neither am i. he's not going to quit his job
mulally saved boeing and now has saved ford. thanks to mulally, ford was the only one of the big three that didn't need to file for bankruptcy protection. they didn't take a penny of government bailout money. i think he streamlined the company a little late, but he's been improving the corporate culture and the balance sheet is so much better. in 2006, ford borrowed $23.5 billion to save the company. they had to pledge a ton of assets as collateral, including their logo. here you go, take my...
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Jan 25, 2013
01/13
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if boeing can go higher, what industrials can't climb? how does caterpillar go higher despite the huge chinese scandal? simple, because we're starting to build things in this country, things that need tractors and the chinese are reaccelerating. they need tractors and engines too. we talked about the growth in heating and air-conditioning. the orders for carrier, the carrier division of united technologies, or the elevator orders for otis. so we pay more for the stocks. in the meantime, we know taxes on our dividends aren't going up. they stayed almost the same. that's a remarkable surprise that nobody talks about. but the need to find higher after tax yields is behind the huge move in the big dividend paying drug stocks. it's why we pay more for bristol-myers as we did today or johnson & johnson which kind of hangs in there despite the earnings miss and the horrendous implication of their faulty hip product. it's why we're paying more for the oils, all the oils because more oil will be used when things get better sending the hesses and c
if boeing can go higher, what industrials can't climb? how does caterpillar go higher despite the huge chinese scandal? simple, because we're starting to build things in this country, things that need tractors and the chinese are reaccelerating. they need tractors and engines too. we talked about the growth in heating and air-conditioning. the orders for carrier, the carrier division of united technologies, or the elevator orders for otis. so we pay more for the stocks. in the meantime, we know...
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Jan 30, 2013
01/13
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they replaced ten of the batteries because of performance problems and told boeing about the swap. boeing in japan said it would not comment while a federal investigation is under way. >>> as she finishes her final week, secretary of state hillary clinton is leaving her options for the future wide open. she told nbc's andrea mitchell that her recent health problems will not be a factor in deciding whether she will run again for president. >> i'm healthy enough and my stamina is great enough. and i'll be fully recovered to do whatever i choose to do. but i don't have any decisions made. >> when asked if vice president joe biden should get first shot at the democratic nomination clinton replied that, quote, american politics is always an open competition. >>> toyota is announcing two separate safety recalls involving about 1 million vehicles. the first covers 752,000 corolla sedans and crossovers. the other recall involves 270,000 lexus is sedans from 2006 to 2012 model years to check for a loose nut on the wiper wheels. >>> revised app outlies areas where pyongyang operates harsh ca
they replaced ten of the batteries because of performance problems and told boeing about the swap. boeing in japan said it would not comment while a federal investigation is under way. >>> as she finishes her final week, secretary of state hillary clinton is leaving her options for the future wide open. she told nbc's andrea mitchell that her recent health problems will not be a factor in deciding whether she will run again for president. >> i'm healthy enough and my stamina is...
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Jan 21, 2013
01/13
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. >>> the battery that caught fire in a japan airlines boeing 787 in boston earlier this month was not overcharged. officials are investigating the battery's charger, and the dreamliner's auxiliary power unit. >>> the tiny alpine town of davos, switzerland, will be in the spotlight for the annual economic forum where corporate bigwigs and heads of state rub shoulders with the occasional celebrity. charlize theron and derek jeter are expected to attend. >>> holy millions, batman. the original batmobile from the 1960s tv series sold for $4.2 million at auction this weekend to an anonymous buyer. unlike the comic book version, this 19-foot-long, black bubble-topped car doesn't lay down smokescreens or oil slicks. darn. >>> coming up next, the story of a father's challenge and how some ingenious kids used the internet to get the puppy that they always wanted. you're watching "early today." [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your hea
. >>> the battery that caught fire in a japan airlines boeing 787 in boston earlier this month was not overcharged. officials are investigating the battery's charger, and the dreamliner's auxiliary power unit. >>> the tiny alpine town of davos, switzerland, will be in the spotlight for the annual economic forum where corporate bigwigs and heads of state rub shoulders with the occasional celebrity. charlize theron and derek jeter are expected to attend. >>> holy...
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Jan 27, 2013
01/13
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we'll get earning news from boeing, exxonmobil, chevron, and facebook. on monday, pending home sales will be released. then on tuesday, the kay shirrer home price index will be out. on wednesday, the federal reserve will wrapped a two of day meeting with policy and interest rates. and the first reading on gross domestic products in the first quarter of the year as typically a market mover as is the report on friday, the all important jobs report sure to move the markets. we'll be watch that. >>> it has been quite a week here in davos where solving the world's problems is a state-of-the-art. abstract artist created a series of collages for the world economic forums congress center main hall. it's called the tranquil labyrinth. they represent the progress of growth. a colorful theme for an event that stresses cooperation and innovation. that's the show for today. thank you so much for joining me. i'll see you back in new york. next week, the business of broadway, seeing greene in the bright lights of broadway. keep it right here where we are "on the money.
we'll get earning news from boeing, exxonmobil, chevron, and facebook. on monday, pending home sales will be released. then on tuesday, the kay shirrer home price index will be out. on wednesday, the federal reserve will wrapped a two of day meeting with policy and interest rates. and the first reading on gross domestic products in the first quarter of the year as typically a market mover as is the report on friday, the all important jobs report sure to move the markets. we'll be watch that....
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Jan 18, 2013
01/13
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boeing oversees all contract work with the station. wolfe street is taking a close look at corporate results from general electric and morgan stanley this morning. there was encouraging housing data. some hotels have been changing up their routine to be more accommodating because of the flu. some are stocking up on boxes of tissues. i'm jane king with the bloomberg business report. >> 5:22. 35 degrees at the airport. a maryland teacher helps to be tops in the nation. >> don't forget to e-mail us your response to our water cooler question of the day. where will you be watching the ravens-patriots afc championship game this sunday? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> a maryland has school teacher is in the running to become national educators of the year. >> rhonda holmes-blankenship is one of the four finalists. she says she is honored to be considered. >> it means so much to me. i am a graduate of cecil county public schools. i feel like this kind of rec
boeing oversees all contract work with the station. wolfe street is taking a close look at corporate results from general electric and morgan stanley this morning. there was encouraging housing data. some hotels have been changing up their routine to be more accommodating because of the flu. some are stocking up on boxes of tissues. i'm jane king with the bloomberg business report. >> 5:22. 35 degrees at the airport. a maryland teacher helps to be tops in the nation. >> don't forget...
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Jan 27, 2013
01/13
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WBAL
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. >>> national transportation safety board tonight says further examination of batteries on boeing's new 787 has yet to point to the cause of the january 7th fire on board a japan air lines jet at boston's logan airport. that fire followed days later by a smoking battery aboard another 787 in japan led to a worldwide grounding of the revolutionary new planes. lack of progress in both investigations has raised concerns the planes will remain grounded indefinitely. >>> in washington, the battles over guns and immigration reform are taking center stage this week, as president obama pushes his second term agenda. nbc's peter alexander is at the white house and has more on that. hi, peter. >> reporter: lester, good evening to you. the president isn't wasting in i time in his second term, tackling two of his top priorities. specifically on immigration, one democratic senator said measures formerly off the table are now back up for discussion. barely a week into his second term, president obama is preparing to dive into the contentious issue of immigration, with a major speech set for las v
. >>> national transportation safety board tonight says further examination of batteries on boeing's new 787 has yet to point to the cause of the january 7th fire on board a japan air lines jet at boston's logan airport. that fire followed days later by a smoking battery aboard another 787 in japan led to a worldwide grounding of the revolutionary new planes. lack of progress in both investigations has raised concerns the planes will remain grounded indefinitely. >>> in...
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Jan 10, 2013
01/13
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. >>> more trouble for boeing and the much touted 787 dreamliner. japan officials cancelled a flight after a faulty computer notification about the brakes and after another 787 caught fire and yet another suffered a fuel leak. the designer's chief engineer says he has extreme confidence in the plane and boeing calls it gr growing pains. >>> aig is backing down amidst public outrage and ire from congress and decided not to sue the u.s. government over the multi-billion dollar bailout that saved the u.s. giant. they claimed the rescue was unfair to the company shareholders. >>> now, kayla is at the new york stock exchange. good morning. >> good morning. wall street is launching jack lew, president obama's nomination for the next secretary of the treasury and once confirmed he will undertake negotiations with congress over the country's credit card limit. holiday retail sales rose 2.5%, that is less than expected and retailers stocks are reacting. meanwhile, the overall market is unchanged on the week. >> kayla at the new york stock exchange, thanks. >
. >>> more trouble for boeing and the much touted 787 dreamliner. japan officials cancelled a flight after a faulty computer notification about the brakes and after another 787 caught fire and yet another suffered a fuel leak. the designer's chief engineer says he has extreme confidence in the plane and boeing calls it gr growing pains. >>> aig is backing down amidst public outrage and ire from congress and decided not to sue the u.s. government over the multi-billion dollar...
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Jan 11, 2013
01/13
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WBAL
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take a look at some of the aircraft suspended all over this boeing pavilion here in new orleans. the air war was fought all over the world. you see everything from b-17s to the p-51 mustang, critical to american success in the closing days of the war. this one happens to have a red tail. the the muskeghee airmen flew that. this is a great tribute to all those who were in the war. i can't tell you what it's like to be in that submarine and see it on an actual mission and then see what happened to it. >> the primary goal and focus of the museum is education. do you get a sense that there is a great thirst for knowledge about the second world war among the younger people who visit that museum? >> reporter: i do, matt. my own personal experience is that the baby boomers who came along after the war, it was not part of their memory. but all the books that have been written about that time and they realize what their parents went through. first the depression and then the war and how much we owe them and how much was at stake. so young people are coming here and learning the magnitude
take a look at some of the aircraft suspended all over this boeing pavilion here in new orleans. the air war was fought all over the world. you see everything from b-17s to the p-51 mustang, critical to american success in the closing days of the war. this one happens to have a red tail. the the muskeghee airmen flew that. this is a great tribute to all those who were in the war. i can't tell you what it's like to be in that submarine and see it on an actual mission and then see what happened...
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Jan 21, 2013
01/13
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WBAL
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. >>> battery fire on board a boeing 787 earlier this month, the government probe says the battery had not been overcharged but the fire could have been caused by other issues with the battery's charging components, as the investigation is ongoing. the entire international fleet of boeing's so-called dreamliner has been grounded since last wednesday after a string of issues. >>> it will be a battle of the brothers, as you heard, at the super bowl xl vii. raven's coach john harbaugh goes head to head with his brother jim. back to matt, savannah and al. >> two very intense coaches. it will be interesting. >> it will be interesting, the sibling rivalry. >> no question. >> mr. roker, no rain to speak of. >> president forecaster in chief. he said it would be warmer this time around than his last inaugural. he is correct. let's take a look. forecast for you, we are expecting to see plenty of sunshine, although there could be clouds later in the day and snow showers, temperatures between 33 and 40. afternoon high getting up to 47. we've got a big storm system making its way, clipper system co
. >>> battery fire on board a boeing 787 earlier this month, the government probe says the battery had not been overcharged but the fire could have been caused by other issues with the battery's charging components, as the investigation is ongoing. the entire international fleet of boeing's so-called dreamliner has been grounded since last wednesday after a string of issues. >>> it will be a battle of the brothers, as you heard, at the super bowl xl vii. raven's coach john...
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Jan 20, 2013
01/13
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WBAL
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. >>> "meet the press" is brought to you by the boeing company. aig? we said we were going to turn it around, and we did. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> for two-term presidents, their second inaugural is often an attempt to emphasize the successes of their first term with an eye towards shaping their place in history. only 16 presidents have delivered two inaugural addresses. we put the speeches of the last three two-term presidents through a word cloud to see what themes they chose to emphasize. by looking at the words they used the most, we can get a sense of the legacies they wanted to leave. president reagan claimed that government wasn'
. >>> "meet the press" is brought to you by the boeing company. aig? we said we were going to turn it around, and we did. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you,...
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Jan 19, 2013
01/13
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WBAL
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if you see this stock doesn't come down, well, it's kind of like boeing with the lithium batteries that doesn't go down. then we know perhaps i, a bull, am perhaps too bearish. there's always a bull market somewhere, i promise to try to
if you see this stock doesn't come down, well, it's kind of like boeing with the lithium batteries that doesn't go down. then we know perhaps i, a bull, am perhaps too bearish. there's always a bull market somewhere, i promise to try to
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Jan 26, 2013
01/13
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WBAL
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wednesday morning we get a major update from boeing. man, those guys must be just like wow, like they must be on all-nighters around the clock. i think if it weren't for the dreamliner problems we would have had the quarter to end all quarters and you would have had to have been buying it right into this quarter as we thought we could do for the charitable trust. and now they are going to have to quantify what i regard as the unquantifiable and i would steer clear particularly because the transportation board has said there are no quick or easy answers. every day they seem to give an interview to the press saying listen, that plane's not getting off the ground. hold off on buying. you really need aerospice that badly? you're jonesing for aerospace? united technologies. honeywell delivered one more fine quarter today. dave cody my next-door neighbor. that guy has money. anyway, wild one ahead from after the close. qualcomm rooney mcfadden, man. this is a company that is uniquely levered and linked to am but not really because it's in eve
wednesday morning we get a major update from boeing. man, those guys must be just like wow, like they must be on all-nighters around the clock. i think if it weren't for the dreamliner problems we would have had the quarter to end all quarters and you would have had to have been buying it right into this quarter as we thought we could do for the charitable trust. and now they are going to have to quantify what i regard as the unquantifiable and i would steer clear particularly because the...
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Jan 28, 2013
01/13
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WBAL
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call of the brave and bring them safely home. [ female announcer ] around the globe, the people of boeing are working together, to support and protect all who serve. that's why we're here. ♪ >>> the president's nominee to run the state department, senator john kerry, faced questions before the senate foreign relations committee this week. during his opening remarks, he was interrupted by an anti-war protester, which triggered this personal reply. >> when i first came to washington to testify, i obviously was testifying as part of a group of people who came here to have their voices heard. and that is above all what this place is about. >> nearly 42 years ago, it was kerry who aimed to have his voice heard when he first appeared on capitol hill not as a politician but as a protester. the year, 1971. he was part of an anti-war group testifying before that very committee. but it was days before on this program where kerry gave the country its first look at a future leader. and it's this morning's "meet the press" moment. >> we are down here to demand that those who call themselves the most
call of the brave and bring them safely home. [ female announcer ] around the globe, the people of boeing are working together, to support and protect all who serve. that's why we're here. ♪ >>> the president's nominee to run the state department, senator john kerry, faced questions before the senate foreign relations committee this week. during his opening remarks, he was interrupted by an anti-war protester, which triggered this personal reply. >> when i first came to...
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Jan 18, 2013
01/13
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boeing is grounded. regulators around the world tell boeing to park its troubled dreamliner. so what's next for boeing customers, and investors? >> tom: i'm tom hudson. from a pickup in housing, a drop in unemployment, and strength in manufacturing, has the u.s. economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing
boeing is grounded. regulators around the world tell boeing to park its troubled dreamliner. so what's next for boeing customers, and investors? >> tom: i'm tom hudson. from a pickup in housing, a drop in unemployment, and strength in manufacturing, has the u.s. economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and...
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Jan 17, 2013
01/13
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CNBC
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. >>> and boeing hits more turbulence. this as top rival airbus gets set to report its commercial results within the hour. >>> the biggest retailer in paris talked about sales improving in the fourth quarter because of strength in its two biggest hkts. >>> and bank of america and citigroup will report earnings in the u.s. with mortgage lows expected to weigh on results. >>> hello and welcome to today's "worldwide exchange." plenty to get to on the corporate front. maybe things are getting better. >> so much corporate thus. much less of the european central bank crystal ball action. we'll get to all of on those stories. we're going all over the world to bring them to you. rio tinto's ceo steps down ask we'll ask whether the miner's mozambique actions are to blame for his sudden exit. >>> boeing is set to report 2012 orders. >>> here in london, we'll take you from the luxury road to the high street with december sales in focus. >>> and with another set of u.s. bank earnings on tap, we'll speak to the former chairman bill isa
. >>> and boeing hits more turbulence. this as top rival airbus gets set to report its commercial results within the hour. >>> the biggest retailer in paris talked about sales improving in the fourth quarter because of strength in its two biggest hkts. >>> and bank of america and citigroup will report earnings in the u.s. with mortgage lows expected to weigh on results. >>> hello and welcome to today's "worldwide exchange." plenty to get to on the...
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Jan 18, 2013
01/13
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WJZ
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boeing is grounded. regulators around the world tell boeing to park its troubled dreamliner. so what's next for boeing customers, and investors? >> tom: i'm tom hudson. from a pickup in housing, a drop in unemployment and strength in manufacturing, has the u.s. economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and more tonight on "n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing
boeing is grounded. regulators around the world tell boeing to park its troubled dreamliner. so what's next for boeing customers, and investors? >> tom: i'm tom hudson. from a pickup in housing, a drop in unemployment and strength in manufacturing, has the u.s. economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> tom: that and...
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Jan 18, 2013
01/13
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if that proves to be the case, boeing may find the fix is straight forward. but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. >> reporter: boeing might be able to design a container to prevent or protect fires caused by the lithium batteries. but if the company is forced to use older, larger batteries, engineers would have to re- design parts of the 787. investigators have reached no conclusions, but they will certainly be taking a hard look at every aspect of the 787's battery. >> i think that the amount of problems there have been with lithium batteries historically would have to lead one to believe that you're not going to certificating an airplane, you're not going to just say this was a bad batch, bring on the next batch until somebody figures out that it was a bad batch and why it was a bad batch
if that proves to be the case, boeing may find the fix is straight forward. but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many types of batteries out there and hopefully a substitute can be found, but nothing is absolutely set in stone at this point. >> reporter: boeing might be able to design a container to prevent or protect fires caused by the...
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Jan 25, 2013
01/13
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. >>> federal investigators say the boeing 787 dreamliner battery that caught fire earlier this month in boston showed evidence of short circuiting, and a chemical reaction that can cause temperature increases. however, they say it's not clear what came first or what caused either problem. the faa has grounded all six dreamliners operated by u.s. carriers after another battery failure forced an emergency landing in japan. >>> and now for a look at what is trending today. a quick roundup of what has you talking online. sports fans investigating rumors that tiger woods and olympic champion lindsey vonn are dating made them the top search on yahoo! overnight. people are buzzing that tiger is romancing the newly divorced vonn three years after his own marriage was doomed by his serial cheating scandal. vonn is busy competing, a spokesman says, and has no comment. >>> wendy's drive-thru window. ♪ i'm sorry if i sound a little bit possey ♪ ♪ anything else ♪ a frosty ♪ and joey if you spill that i'm gonna kill you ♪ ♪ i want a quart pounder with a large fry i want 20 piece chic
. >>> federal investigators say the boeing 787 dreamliner battery that caught fire earlier this month in boston showed evidence of short circuiting, and a chemical reaction that can cause temperature increases. however, they say it's not clear what came first or what caused either problem. the faa has grounded all six dreamliners operated by u.s. carriers after another battery failure forced an emergency landing in japan. >>> and now for a look at what is trending today. a...
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Jan 17, 2013
01/13
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that's the key for boeing. if they have to slow down that process, that's going to be where the investors start to take out their frustration on boeing. >> thanks for that, phil. let me take it one step further. if i'm an airline that has these airplanes on order and i no longer want these airplanes, i put down a deposit. do i get my deposit back? how does it work? >> it's all negotiable, andrew. and that's how it always is in the airline business. for the most part, you're going to get most of that money back if you want to cancel your order. but look at it from this perspective. let's say you are expecting to get airbus -- i mean dream liner number 150. they're right now building number 100 in the factory in everett. do you get out of line for a plane you're supposed to get in a couple of years and then go over to airbus because you're further back in the line there? no. you're pretty much locked into your position where you are. what you're more likely to do is go to boeing and say we've faced delays once ge
that's the key for boeing. if they have to slow down that process, that's going to be where the investors start to take out their frustration on boeing. >> thanks for that, phil. let me take it one step further. if i'm an airline that has these airplanes on order and i no longer want these airplanes, i put down a deposit. do i get my deposit back? how does it work? >> it's all negotiable, andrew. and that's how it always is in the airline business. for the most part, you're going to...
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Jan 28, 2013
01/13
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all boeing 787s are grounded until it is determined what caused one plane's battery to overheat and another to catch fire. >>> grammy-winning singer chris brown is being questioned by l.a. sheriff's deputies about an alleged assault over a parking space. witnesses say that brown punched another man saturday night outside a west hollywood recording studio. that man hasn't been identified but singer frank ocean tweeted last night that he was jumped by brown and a couple of other men. >>> now for a look at what's trending today, a quick roundup of what has you talking online. beyonce may be dropping a hint about the inauguration lip syncing. on saturday night the singer posted this picture of herself to instagram that says "can i live" or "can i live" while practicing for the super bowl. it's also a title of her husband's song. you be the judge. >>> online resume turned into an exact replica of an amazon product page and he invites you to add him to your shopping cart if you are interested. but hurry, as the ad says there is only one left in stock. >>> jennifer lawrence told the crowd how she
all boeing 787s are grounded until it is determined what caused one plane's battery to overheat and another to catch fire. >>> grammy-winning singer chris brown is being questioned by l.a. sheriff's deputies about an alleged assault over a parking space. witnesses say that brown punched another man saturday night outside a west hollywood recording studio. that man hasn't been identified but singer frank ocean tweeted last night that he was jumped by brown and a couple of other men....
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Jan 16, 2013
01/13
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>> now, japan has grounded the entire fleet of boeing 787 dreamliner jets following an emergency landing. abc 15 news reporter is live at san jose international airport with the big impact in the bay area. amy? >> flights to and from tokyo have been canceled raising questions of what will happen to the people who are stranded would need to get home including former transportation secretary norm mineta who left on a boeing 787 dreamliner and left on saturday. a boeing 787 dreamliner made an emergency landing in western japan because of battery problems on board. it was considered a serious incident that could have caused an accident. this is been other problems on other boeing 787 dreamliners so two airliners decided to ground them days after san jose celebrated the dreamliner in the inaugural flight from san jose to japan. officials were very excited of
>> now, japan has grounded the entire fleet of boeing 787 dreamliner jets following an emergency landing. abc 15 news reporter is live at san jose international airport with the big impact in the bay area. amy? >> flights to and from tokyo have been canceled raising questions of what will happen to the people who are stranded would need to get home including former transportation secretary norm mineta who left on a boeing 787 dreamliner and left on saturday. a boeing 787 dreamliner...
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Jan 30, 2013
01/13
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boeing shares are up by about 60 cents. more with phil lebeau on this and two analysts. >>> remember, we're watching u.s. equity futures. the dow up 70 points yesterday and with closing price just 46 points away of putting the dow back above 14 thousand would be the first time that happened since october of 2007. this morning, the futures are indicated higher with dow futures up 12 1/2 points and s&p up by just over a point. overseas in asia overnight, the nikkei was up by about 2 and a quarter percent and the shanghai up as well. in europe, there are modest declines. dax down by 15 points and cac by 6 points and ftse by 3 1/2. >>> and founder and co-founder aubrey mcclendon announced he will be stepping down in april. a series of reports triggered criminal investigations and looking into whether mcclendon crossed the line by mixing personal business and possible anti-trust violations. the shareholders took control in june stripping the chairman of his title and carl icahn took one of those slots. >>> another one we're foll
boeing shares are up by about 60 cents. more with phil lebeau on this and two analysts. >>> remember, we're watching u.s. equity futures. the dow up 70 points yesterday and with closing price just 46 points away of putting the dow back above 14 thousand would be the first time that happened since october of 2007. this morning, the futures are indicated higher with dow futures up 12 1/2 points and s&p up by just over a point. overseas in asia overnight, the nikkei was up by about 2...
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Jan 9, 2013
01/13
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how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery nightmare and the stock is getting crushed. plus 1,350 days and counting that is how long it has been since the democratic controlled senate passed a budget. and how it could become a bargaining chip to the upcoming fight. and team obama and sen the democrats are going all out for new gun controls. tomorrow, vice president biden is going to meet with organizations and thursday he is going to the nra. all this suspect senator feinstein plans to go after h d handguns. let's talk. we have blake zeth and we may get jeannine turner. blake, the thing th
how big a disaster is this boeing story. we will let you know if you stay with us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to the kudlow report. in this half hour. the boeing 787 is turning into a fiery...
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Jan 16, 2013
01/13
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whether it's the faa, or boeing. is that the public really appreciates when government agencies, particularly when corporations, put their safety first. and public responded well when corporations have done that. so if there is an issue that's not resolved, it is one of the things the company ought to consider. >> you think boeing should cut it down for now? boeing should do it. customers, don't fly right now? >> they should consider it. yes, there is a whole lost financial issues they have to consider. but if there are problems with the plane and there's investigations going on, it certainly is something they should be talking about now. >> maybe phil another time we can get into the financials of what it would cost to ground the plane. we have to wrap it up there. in the long run, hopefully it leads it a safer plane. >> on deck, much more on the developing story in algeria. cia calling it a terrorist attack. well give give you latest as we learn it, coming up. >> jamie dimon says housing is back. but have you tried
whether it's the faa, or boeing. is that the public really appreciates when government agencies, particularly when corporations, put their safety first. and public responded well when corporations have done that. so if there is an issue that's not resolved, it is one of the things the company ought to consider. >> you think boeing should cut it down for now? boeing should do it. customers, don't fly right now? >> they should consider it. yes, there is a whole lost financial issues...
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Jan 17, 2013
01/13
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dagen: the faa joining companies around the world and grounding boeing 7873 liner -- boeing 787 dream liner. jeff: the plane came in from warsaw, it did not the part. it is still on the ground. just one of the planes has been grounded both here, in the u.s., europe, asia, as well as, in the middle east. here is what we know at this point. it is the first time the faa has grounded and aircraft since a historic flight. chicago. american airlines flight 189. it crashed on takeoff. it turned out that the engine fell off that aircraft and went into a barrel roll and crash. thus far, obviously, though boeing dreamliner has been able to avoid any kind of crash or serious problem. the problem is, those lithium ion batteries. there are problems with lithium ion batteries in new vehicles. working the kinks out of it is something they need to do, but that is something they have successfully been able to do in the auto industry. they believe boeing will be able to get it eventually right also. dagen: jeff, thank you for that reporting. jeff flock in what looks like a very cold chicago. raising th
dagen: the faa joining companies around the world and grounding boeing 7873 liner -- boeing 787 dream liner. jeff: the plane came in from warsaw, it did not the part. it is still on the ground. just one of the planes has been grounded both here, in the u.s., europe, asia, as well as, in the middle east. here is what we know at this point. it is the first time the faa has grounded and aircraft since a historic flight. chicago. american airlines flight 189. it crashed on takeoff. it turned out...
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Jan 19, 2013
01/13
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. >>> boeing is suspending deliveries of its new 787 jetliner. deliveries of the dreamliner are stopped until the faa approves a solution for the lithium ion batteries that caused the agency to ground the aircraft earlier this week. >>> honda recalling 777,000 late model pilot and odyssey vehicles due to a problem with the deployment of the driver's side air bags. owners should bring their vehicles into dealerships to have the problem fixed. >>> let me set a seen for you. you're in elementary school, the governor is coming to your school. all you need to do is be sweet and don't faint. one out of two ain't bad. check out this video. pennsylvania's governor, tom corrbet visits a school. and this adorable bay starts swaying, takes a deep breath, and there he goes. ah. passes out. he was carried out of the room. but when he did return, and he did return, he got a little one on one with the governor. you know what else he got? he got a nice little story for share and tell tomorrow. that is the news. back to you. adorable, sweet little thing. adorable
. >>> boeing is suspending deliveries of its new 787 jetliner. deliveries of the dreamliner are stopped until the faa approves a solution for the lithium ion batteries that caused the agency to ground the aircraft earlier this week. >>> honda recalling 777,000 late model pilot and odyssey vehicles due to a problem with the deployment of the driver's side air bags. owners should bring their vehicles into dealerships to have the problem fixed. >>> let me set a seen for...
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Jan 17, 2013
01/13
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boeing is an example of that. they have already worked into their plans, their strategyings, the fact there will be a downsizing in the military because that is such a big part of their business. >> yes. david: have they done a sufficient amount of work even if the worst happens from their perspective and there are huge cuts in the military? i'm not sure we all know what the worst is and we're constantly thinking about it. boeing has the benefit relative to pierce being a company that can downsize on the military size and move resources to the commercial size and that is unique to boeing and it is a positive. david: robert who has by the way a $86 price target for the stock of boeing. thanks for coming in. appreciate it, robert. >> thanks for having me. liz: contrarian call. get a good company going through a bad time. david: massive defense cuts, we just talked about could still be coming and that could spell more bad news for boeing. it will also hit the state of north carolina especially hard. coming up next we
boeing is an example of that. they have already worked into their plans, their strategyings, the fact there will be a downsizing in the military because that is such a big part of their business. >> yes. david: have they done a sufficient amount of work even if the worst happens from their perspective and there are huge cuts in the military? i'm not sure we all know what the worst is and we're constantly thinking about it. boeing has the benefit relative to pierce being a company that can...
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Jan 8, 2013
01/13
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down 247, 3% at boeing at 73.70. this plane from the production problems now to the flight usage issues, it feels like a snake bit aircraft. as you say, the public perception is one thing. i wonder if any airlines quietly, quietly are expressing concerns either to you or back channels to boeing about this aircraft. >> yes. they are expressing their concerns. have they picked up the phone since yesterday and picked up the phone and called jim, probably not. i suspect what we're hearing from the airlines and what they are telling boeing is the same thing they have been telling boeing over the last several years. a, are you going to deliver this aircraft on time. b, is it going to meet expectations. if that happens, again, for the most part, most of the airlines flying this aircraft are reporting that it is delivering on the expectations that they had set in advance when they ordered the aircraft. i know that's a little strange. some people will look at this and say, listen, there's all these problems with the dreamline
down 247, 3% at boeing at 73.70. this plane from the production problems now to the flight usage issues, it feels like a snake bit aircraft. as you say, the public perception is one thing. i wonder if any airlines quietly, quietly are expressing concerns either to you or back channels to boeing about this aircraft. >> yes. they are expressing their concerns. have they picked up the phone since yesterday and picked up the phone and called jim, probably not. i suspect what we're hearing...
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Jan 17, 2013
01/13
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the stock is falling for boeing. >> reporter: too soon to tell for boeing. the big implication for boeing when you look at their production schedule they are making five of these dream liners a month, the plan is to make ten per month by the end the year. who knows what this directive from the faa does in terp of lightning down production at least immediately boeing plans on building the dreamliners at the same right. if that production slows down, that will impact the revenue and that's where you'll see the real financial impact for boeing. >> all right. many thanks phil lebeau. appreciate the update. >>> now we got growing violence in the african nation of mali. al qaeda linked islamist rebels have captured at least some american hostages. michelle caruso-cabrera will have an update on that story next. please stay with us. ♪ ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one. ♪ when you walk 10,000 steps a day, it's the same as walking a professional golf course. humana. health and well-being partner of the pga tour. humana. i'
the stock is falling for boeing. >> reporter: too soon to tell for boeing. the big implication for boeing when you look at their production schedule they are making five of these dream liners a month, the plan is to make ten per month by the end the year. who knows what this directive from the faa does in terp of lightning down production at least immediately boeing plans on building the dreamliners at the same right. if that production slows down, that will impact the revenue and that's...
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Jan 11, 2013
01/13
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and boeing engineers -- by the way, boeing engineers, this is a willing participation by boeing. it's not as though they're calling boeing into the office. boeing is saying yeah, let's sit down and look at this issue together. as you take a look at shares of the boeing, one thing to keep in mind, this review is likely to take several weeks. so we see the headline risk that's likely to be there for boeing. the press conference happening later this morning may just be the latest mark is what we're going to see over the next several weeks where the dreamliner is going to be back in the news on a fairly steady basis. you have to wonder what kind of an impact that's going to have on shares of boeing. >> did al nippon take more deliveries than any other airline? >> they were the launch customer. so yes, so far they have more than others. i don't think that they have the most orders. i'd go to have back and check this. but you know, it's a gradual process, where -- >> saying al nippon every day. that's the thing. so that's where -- right? >> you love saying al nippon. >> no, i don't min
and boeing engineers -- by the way, boeing engineers, this is a willing participation by boeing. it's not as though they're calling boeing into the office. boeing is saying yeah, let's sit down and look at this issue together. as you take a look at shares of the boeing, one thing to keep in mind, this review is likely to take several weeks. so we see the headline risk that's likely to be there for boeing. the press conference happening later this morning may just be the latest mark is what...
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Jan 31, 2013
01/13
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let's look at shares of boeing, peter. the stock price obviously seeing a lot of vulnerability, as well a volatility since announcing the problem with the lithium batteries. 74 and change, what do you expect that to be at? >> it has felt a little snake-bitten with the volatility, and it has underperformed the broader market, but we think there is a significant upside as they start to deploy a lot of that cash for stock buybacks. we have an $87 price target, and there could be an up side if they get aggressive with buying back more shares. >> tom: and it has a lot of free cash flow at its access. do you own any shares of boeing yourself, peter? >> no. we're prohibited from doing that. >> tom: peter arment, analyst at sterne agee tonight. alcoholic >> susie: it was all about blackberry today in the technology world. rim unveiled its long-awaited new operating system, known as blackberry 10. the platform will run two new phones: the z10 and q10. but, there will be some delay before american users can get their hands on either
let's look at shares of boeing, peter. the stock price obviously seeing a lot of vulnerability, as well a volatility since announcing the problem with the lithium batteries. 74 and change, what do you expect that to be at? >> it has felt a little snake-bitten with the volatility, and it has underperformed the broader market, but we think there is a significant upside as they start to deploy a lot of that cash for stock buybacks. we have an $87 price target, and there could be an up side...
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Jan 11, 2013
01/13
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with shares of boeing suffered because of this and they are down again today. there is a news conference right now, the treasury secretary lahood and f.a.a. administrators involved in this and they saying the boeing 787 dreamliner is safe and they are doing a complete investigation to find out how the accidents have happened. shares of wells fargo are getting attention, the largest home lender posting a 24 percent jump in quarterly earnings as they boffed -- boosted lending. the nasdaq is higher but not much movement in other direction and the silicon valley index this morning trade down. if you are unemployed you may want to move out of plate. a study shows california is the third worst state in the nation to be employed in when it comes to unemployment benefits, with the rate and wealth distribution. connecticut is the worst. followed by washington, dc. a new deal on iphones starting today, adding the iphone four and iphone five with no contract and unlimited plan and it does include text and data and is available through walmart but this is a catch, you stil
with shares of boeing suffered because of this and they are down again today. there is a news conference right now, the treasury secretary lahood and f.a.a. administrators involved in this and they saying the boeing 787 dreamliner is safe and they are doing a complete investigation to find out how the accidents have happened. shares of wells fargo are getting attention, the largest home lender posting a 24 percent jump in quarterly earnings as they boffed -- boosted lending. the nasdaq is...
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Jan 16, 2013
01/13
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with the boeing 787 dreamliner. speaking of problems, apple shares are recovering this morning after getting slammed yesterday over competition from droid and iphone sales. lower across the board with talk of the debt ceiling debate. 10 not even a month before we can talk about that. and the silicon valley index is trading higher. would you like a twitter handle mono gram, that is what retailers are focusing on trying to get consumers back out of discount mode and spending again letting them put together their own trench coat and nordstrom trying to lure customers with special underwear. live at the new york stock exchange i am jane king for bloomberg news. >> this is a family program! we got confirmation that president obama will make his gun control proposal this morning at 9:00 our time and we got word from abc news they will have a special report to bring that to you at 8:55 this morning our time so you will want to keep ituned here this morning to abc7 because we will be having the special report as rebound unv
with the boeing 787 dreamliner. speaking of problems, apple shares are recovering this morning after getting slammed yesterday over competition from droid and iphone sales. lower across the board with talk of the debt ceiling debate. 10 not even a month before we can talk about that. and the silicon valley index is trading higher. would you like a twitter handle mono gram, that is what retailers are focusing on trying to get consumers back out of discount mode and spending again letting them...
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Jan 12, 2013
01/13
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but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it remains to be seen what the faa comesp with. to some extent the faa is, indeed, reacting to public pressure and public concerns and so i'm not sure that the faa officials themselves at this point really know what direction they want to head in. they are going to look at the data and that could take i would say several months, at least. >> andy pasztor from the "the wall street journal", thank you. >> thank you. >> brown: this week provided a glimpse of the latest in technology andigh-end gadgets at the annual consumer electronics show, which wrapped up today in las veg
but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it...
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Jan 17, 2013
01/13
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boeing maintains it is safe to fly. thousands of protesters in front of pakistan's government, the cleric is holding talks with the government. as of the ruling coalition are negotiating with him after he threatened further action. he wants the government to resign. there's no sign the prime minister will heed his call. the anti-corruption chief of pakistan has been depending the prime minister at the supreme court. he says and ordered to arrest the prime minister is flawed. kamal, i don't know if you have been watching the footage of the pakistani foreign minister is saying that khadri is nobody. so why is the government engaging in talks with him? >> as you said, who is he? many people in pakistan say if he were so insignificant, how is it that he has brought the government to its knees? some parts of the city are paralyzed. people wanting to march on parliament. he was speaking from inside his bulletproof container, sipping hot coffee while is the ots, women and children, were sitting out in the pounding rain. that's
boeing maintains it is safe to fly. thousands of protesters in front of pakistan's government, the cleric is holding talks with the government. as of the ruling coalition are negotiating with him after he threatened further action. he wants the government to resign. there's no sign the prime minister will heed his call. the anti-corruption chief of pakistan has been depending the prime minister at the supreme court. he says and ordered to arrest the prime minister is flawed. kamal, i don't know...
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Jan 22, 2013
01/13
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where else should we be pointing fingers if not at boeing? >> i don't know the answer to that question. i would say the electrical system as a whole, we had that issue during test flights in november of 2010, it was grounded in texas. they had to look at that. who knows if that's where this is going. the onus is on boeing, the ntsb and faa to get this plane back up. when we didn't have this grounding, it was going to be fly until something happens. now we have sort of stopped this and who knows how long this will take. as ray lahood was saying, we have to be 1,000% sure. i'm not sure that's possible. you have to be 1,000% sure before this is okay. the onus is on testing trying to find a root cause and make sure we know what's going on. >> go over everything with a fine tooth comb. thank you very much neil and phil. >>> still ahead, why honey boo boo is celebrating a big change to atms. >>> and phil mickelson is mad as hell and he won't take it anymore. he says uncle sam is threatening to take 60% of his money. ♪ [ male announcer ] how do yo
where else should we be pointing fingers if not at boeing? >> i don't know the answer to that question. i would say the electrical system as a whole, we had that issue during test flights in november of 2010, it was grounded in texas. they had to look at that. who knows if that's where this is going. the onus is on boeing, the ntsb and faa to get this plane back up. when we didn't have this grounding, it was going to be fly until something happens. now we have sort of stopped this and who...
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Jan 17, 2013
01/13
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>> boeing believes it is, brian. we have been talking with people close to what is happening with boeing. they are telling me they are looking at the possibility after solution. a test to deal with all of the lithium ion batteries. so they can say, we can guarantee these batteries are functioning the way they should function, and if there a failure, it is something that won't lead it fire on a plane. the faa signing off on that kind of a solution, that's what they are looking at as they look at the batteries of the real reason of the problems the last couple of weeks. we talk about the problem with boeing, see how many dreamliners by what boeing calls customers, technically 89% of them are airlines. there are a few individuals part of the group. that total of 57 customers ordering 798 dream liners, that still need to be filled, they have delivered 50 dream liners. the backlog extends through the end of the decade. if you want it order one, you're not getting it until 2019, 2020. boeing is not changing its production
>> boeing believes it is, brian. we have been talking with people close to what is happening with boeing. they are telling me they are looking at the possibility after solution. a test to deal with all of the lithium ion batteries. so they can say, we can guarantee these batteries are functioning the way they should function, and if there a failure, it is something that won't lead it fire on a plane. the faa signing off on that kind of a solution, that's what they are looking at as they...
WHUT (Howard University Television)
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Jan 17, 2013
01/13
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boeing is the world's biggest plane maker. >> its new and in london, 7:00 a.m. in washington, 1:00 p.m. in algeria. interest extremists --- islamic extremists are holding dozens of workers hostage deep in the sahara desert. the algerian army has surrounded a gas complex and will doubt any negotiations. this is the man they think is behind one of the most serious hostage crises in decades. mokhtar belmokhtar issued a statement calling for an end to the french military intervention against islamist rebels in neighboring mali. we will be asking if that's really the reason. >> the complex and deep in the algerian desert that is the focus of the international hostage standoff, now supposedly surrounded by the algerian army. there were clashes overnight between algerian troops and the heavily armed hostage-takers. with americans, japanese, algeriansand held hostage. >> i would like to say these kind of acts are absolutely unforgivable. after hearing the news last night, i gave out three orders. act with a party to the lives of people. gather as much information as pos
boeing is the world's biggest plane maker. >> its new and in london, 7:00 a.m. in washington, 1:00 p.m. in algeria. interest extremists --- islamic extremists are holding dozens of workers hostage deep in the sahara desert. the algerian army has surrounded a gas complex and will doubt any negotiations. this is the man they think is behind one of the most serious hostage crises in decades. mokhtar belmokhtar issued a statement calling for an end to the french military intervention against...